NEW, J.K. ESTATE

Name: NEW, J.K. ESTATE lease production and value, Jul 1997 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DALE OPERATING COMPANY (P-5 197624) in the JOHNSTONE (LOWER FRIO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 164545District 02Field 47065240CondensateGasSave Export

Value, all time

$4.1 M

Jul 1997 – Aug 2011

Value, last 12 filed months

$26 k

at the published price for each month

Months reported

170

no gaps in the span

Streams

condensate, gas

The JOHNSTONE (LOWER FRIO) field

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 13 leases and 14 wells, and the rule below applies to all of them.

Discovered

1997-07-21

as the register files it

Field class

Oil and gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 12/01/97.”

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

Stream	Basis	Volume	Value
Condensate	Disposition	1,888 bbl	$62,514
Gas	Production	914,378 Mcf	$4,034,848
Total			$4,097,362

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 28.6281, -97.1222. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.62810, -97.12220 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

5,565 ft

1 wells filed one

Completion to plug

11.6 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 5,565 ft.

Completions filed

Jul 1997

1 of 1 wells

Plug dates filed

Feb 2009

1 of 1 wells

Last completion to plug: a median of 11.6 years across the 1 well that filed both dates, with the middle half between 11.6 years and 11.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-46933224	1	5,565 ft	Jul 1997	Feb 2009	Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (170)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

170 months


Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	277	0	92.90	4.64	$25,733
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	844	68.71	7.34	$6,195
Jul 2006	0	13	69.37	6.34	$82
Jun 2006	0	1,069	66.28	6.38	$6,824
May 2006	0	3,051	66.01	6.42	$19,603
Apr 2006	0	4,221	64.39	7.36	$31,069
Mar 2006	0	3,196	56.70	7.08	$22,637
Feb 2006	0	3,482	57.59	7.75	$26,989
Jan 2006	0	2,649	60.59	8.93	$23,664
Dec 2005	0	6,706	54.94	13.42	$89,964
Nov 2005	0	7,054	54.69	10.59	$74,691
Oct 2005	0	8,498	58.34	13.80	$117,236
Sep 2005	0	5,053	61.45	12.08	$61,035
Aug 2005	0	7,207	61.51	9.80	$70,606
Jul 2005	0	6,815	55.69	7.84	$53,454
Jun 2005	0	6,593	52.33	7.38	$48,663
May 2005	0	6,528	45.22	6.65	$43,419
Apr 2005	0	8,043	49.20	7.36	$59,200
Mar 2005	0	7,392	50.37	7.15	$52,889
Feb 2005	0	7,165	45.22	6.31	$45,225
Jan 2005	0	8,242	43.16	6.32	$52,108
Dec 2004	0	6,355	39.86	6.75	$42,903
Nov 2004	0	6,669	45.28	6.33	$42,218
Oct 2004	0	7,729	49.70	6.52	$50,355
Sep 2004	0	7,723	43.24	5.28	$40,808
Aug 2004	0	7,768	42.37	5.55	$43,118
Jul 2004	0	9,258	38.28	6.08	$56,327
Jun 2004	0	8,942	36.10	6.43	$57,524
May 2004	68	8,904	37.48	6.49	$60,376
Apr 2004	0	8,270	34.47	5.86	$48,449
Mar 2004	0	8,879	34.36	5.53	$49,102
Feb 2004	0	8,157	32.45	5.51	$44,942
Jan 2004	0	8,792	32.03	6.30	$55,386
Dec 2003	0	8,639	30.26	6.30	$54,440
Nov 2003	0	8,185	28.80	4.60	$37,611
Oct 2003	129	8,147	28.17	4.76	$42,411
Sep 2003	0	8,213	26.31	4.75	$39,006
Aug 2003	0	8,762	29.76	5.13	$44,947
Jul 2003	0	9,729	29.41	5.17	$50,307
Jun 2003	0	9,159	28.56	5.98	$54,798
May 2003	0	9,124	26.59	5.97	$54,495
Apr 2003	0	8,787	26.67	5.41	$47,514
Mar 2003	0	8,755	31.14	6.10	$53,371
Feb 2003	0	7,842	33.48	7.93	$62,155
Jan 2003	97	9,061	30.31	5.58	$53,519
Dec 2002	0	8,682	26.91	4.85	$42,140
Nov 2002	0	8,877	24.66	4.14	$36,724
Oct 2002	168	9,275	26.46	4.23	$43,670
Sep 2002	0	9,392	27.44	3.64	$34,142
Aug 2002	0	8,654	25.96	3.16	$27,383
Jul 2002	0	9,133	24.58	3.06	$27,963
Jun 2002	0	8,960	23.73	3.34	$29,911
May 2002	0	9,224	24.66	3.58	$33,059
Apr 2002	0	9,092	23.65	3.51	$31,934
Mar 2002	179	8,938	22.00	3.10	$31,670
Feb 2002	0	8,123	18.22	2.38	$19,298
Jan 2002	0	9,247	17.17	2.38	$21,968
Dec 2001	0	8,998	16.93	2.36	$21,275
Nov 2001	0	8,047	18.07	2.41	$19,357
Oct 2001	0	8,310	19.78	2.53	$21,015
Sep 2001	0	8,780	24.26	2.25	$19,767
Aug 2001	0	8,546	24.87	3.05	$26,092
Jul 2001	147	8,582	23.93	3.20	$30,955
Jun 2001	0	8,887	24.56	3.82	$33,985
May 2001	0	8,861	25.52	4.31	$38,167
Apr 2001	0	8,886	24.68	5.34	$47,410
Mar 2001	0	8,506	24.54	5.38	$45,732
Feb 2001	0	9,028	27.75	5.77	$52,065
Jan 2001	0	9,593	27.47	8.40	$80,569
Dec 2000	0	8,329	26.88	9.12	$75,981
Nov 2000	0	8,961	32.21	5.66	$50,701
Oct 2000	0	8,765	31.23	5.15	$45,100
Sep 2000	183	8,090	31.87	5.19	$47,791
Aug 2000	0	7,449	29.64	4.54	$33,824
Jul 2000	0	7,608	28.53	4.09	$31,115
Jun 2000	0	7,430	29.30	4.40	$32,672
May 2000	0	7,150	27.26	3.68	$26,310
Apr 2000	0	7,188	24.51	3.12	$22,398
Mar 2000	0	7,289	28.42	2.86	$20,845
Feb 2000	0	6,857	27.62	2.73	$18,696
Jan 2000	0	7,924	25.27	2.48	$19,655
Dec 1999	121	7,514	24.28	2.42	$21,150
Nov 1999	0	6,967	23.19	2.43	$16,958
Oct 1999	0	7,090	20.98	2.80	$19,878
Sep 1999	0	7,321	21.75	2.62	$19,173
Aug 1999	0	6,485	19.26	2.88	$18,648
Jul 1999	0	6,928	17.89	2.37	$16,436
Jun 1999	0	6,312	15.94	2.36	$14,910
May 1999	0	5,787	15.79	2.32	$13,432
Apr 1999	0	4,599	15.10	2.21	$10,155
Mar 1999	0	4,323	12.47	1.84	$7,947
Feb 1999	0	4,745	9.98	1.82	$8,625
Jan 1999	0	5,963	10.38	1.90	$11,329
Dec 1998	0	6,158	9.20	1.77	$10,920
Nov 1998	0	6,329	10.89	2.19	$13,833
Oct 1998	0	10,595	12.42	1.97	$20,864
Sep 1998	173	11,305	12.59	2.08	$25,722
Aug 1998	0	12,108	11.30	1.91	$23,094
Jul 1998	0	13,996	11.74	2.24	$31,313
Jun 1998	165	13,570	11.24	2.24	$32,214
May 1998	0	14,090	12.62	2.21	$31,087
Apr 1998	0	13,450	13.04	2.51	$33,697
Mar 1998	0	12,514	12.80	2.31	$28,900
Feb 1998	0	13,796	13.95	2.30	$31,719
Jan 1998	0	16,113	14.70	2.15	$34,720
Dec 1997	181	14,742	16.32	2.41	$38,498
Nov 1997	0	15,739	18.19	3.09	$48,606
Oct 1997	0	17,475	19.25	3.15	$55,043
Sep 1997	0	16,372	17.74	2.95	$48,377
Aug 1997	0	16,182	17.86	2.55	$41,341
Jul 1997	0	4,479	17.58	2.25	$10,064

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Jun 2011 — as filed, then multipliedworked

Condensate           277 bbl  × $ 92.90 =    $25,733
Gas                    0 Mcf  × $  4.64 =         $0

────────────────────────────────────────────────────
Month total                                  $25,733

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 02/G/164545 is the state's own key, not one this site invented.